Gilat’s In-Flight Connectivity High-Power Transceiver Successfully Tested by Global Eagle Entertainment for DO-160G Certification

Gilat’s In-Flight Connectivity High-Power Transceiver Successfully Tested by Global Eagle Entertainment for
DO-160G Certification
Production units are planned to be shipped for usage in commercial aircraft, starting in the second quarter of 2021

Petah Tikva, Israel, March 3, 2021 — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that its fully owned subsidiary, Wavestream, marked a key milestone as successfully tested by Global Eagle Entertainment (Global Eagle), a major In-Flight Connectivity Provider, for its IFC high-power transceiver, the Aerostream 40Ku, achieving DO-160G certification. Production units are planned to be shipped for usage in commercial aircraft, starting in the second quarter of 2021.

Gilat Launches Next Generation VSAT Family Supporting 5G Networks and LEO/MEO Constellations

Gilat’s Aquarius family of ultra-high-performance, multi-orbit VSATs provides over 2 Gigabits per second of concurrent speeds and supports seamless satellite handover

Petah Tikva, Israel, February 18, 2021 — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today the launch of its next generation family of VSATs, Aquarius, supporting 5G networks and LEO/MEO constellations. The ultra-high-performance, multi-orbit VSATs provide over 2 Gigabits per second of concurrent speeds and support seamless satellite handover.

Gilat Reports Fourth Quarter and Full Year 2020 Results

Dov Baharav, Chairman of the Board, Announced His Plans to Step Down During 2021

Petah Tikva, Israel – February 16, 2021 – Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the fourth quarter and full year ended December 31, 2020.

Fourth Quarter Financial Highlights

• Revenues of $42.6 million versus $78.3 million in Q4 2019 and improved from $37.3 million in the previous quarter;
• GAAP operating income of $62.7 million versus $9.2 million in Q4 2019 and an operating loss of $10.9 million in Q3 2020; GAAP operating income includes income related to the settlement with Comtech, net of related expenses, of $64.8 million;

Gilat Shipped Initial Aero Modems Out of a Multi-Million-Dollar Potential in China

Gilat’s Aero modem, for Ka-band IFEC to be installed on the entire fleet of first Chinese airline and on additional domestic airlines

Petah Tikva, Israel, February 11, 2021 — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announces that Gilat has shipped initial aero modems, out of a multi-million-dollar potential in China. A leading Chinese system integrator, to install Gilat’s aero modem, for the Ka-band In-flight Entertainment and Connectivity (IFEC) system, on the entire fleet of the first airline in China and on additional domestic airlines.